The Proven Reserves Of Bauxite In The Samar Island Region Of The Philippines Is About 73.2 Million Tons

- Dec 25, 2018-

Marcventures Mining Company of the Philippines revealed in its report last week that the company's bauxite mining project in Samar is estimated to be 73.2 million tons, with an annual output of 4 million tons for 20 years and another 45.7 million tons of potential reserves. . Marcventures Mining owns and operates the only two bauxite mines in the Philippines. Marcventures expressed strong optimism about the project, benefiting from the overall strong global demand for aluminum, especially considering the growing demand for applications such as electric vehicles, batteries, aerospace and construction, is expected to have a high penetration rate.